Bitcoin bottom. Samsung blockchain. $25k BTC?

By Tony Sagami on
April 23, 2018

My name is Tony Sagami, and as Martin explained last week, he’s asked me to write this column on most Mondays from now on.

I’m a technology nerd who began studying math and investing when I was barely out of grammar school. Then, when I was a young man, I owned a software company that devised one of the first quantitative models to forecast stock prices.

Today, I spend much of my time scouring the globe to find companies that are leading the digital money revolution.

And for this column, I cut through the hype with a weekly review of the most important cryptocurrency news, insights, price analysis and more.

Finish your taxes?

For most crypto investors, the answer is “yes.”

And now that tax season is behind them, a large number — including a few of the most successful money managers on Wall Street — are anticipating a big move for Bitcoin, reports CNBC.

This matches up with the forecasts of Weiss Crypto Alert editor Juan Villaverde: Based on cycle analysis, the entire space is forming a bottom, he says. Even in the midst of some further short-term dips, as long as prices continue making higher lows, the recovery scenario will remain intact.

Samsung testing out blockchain is not exactly something to sneeze at.

Heck, Samsung is the world’s largest maker of smartphones in the world with 21.9% of the market share, compared to Apple iPhone’s 15.2%.

Samsung is also the world’s largest player in the semiconductor industry. Until 2016, that enviable spot was held by Intel. But last year, Samsung Electronics grabbed 14.6% of the market, jumping ahead of Intel (13.8%) for the first time.

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